The 2017 Budget Review highlights

HARARE, July 20 (The Source) – The highlights from Finance Minister, Patrick Chinamasa’s Budget Review and Outlook. Economy grew 0.7 percent in 2016 against a target of 2.7 percent due to ElNino induced drought Household consumption fell by 11,8 percent in 2016. Agriculture is expected… Read More

Unki Q2 production up 10 pct to 19,5oz

HARARE, July 20 (The Source) – Platinum production at Unki Mine for the second quarter to June 30 rose 10 percent to 19,500 ounces compared to 17,800 ounces in the same period last year largely on improved efficiencies at the mine.

ZSE top performing bourse in the region

HARARE, July 20 (The Source) – The Zimbabwe Stock Exchange (ZSE) has outperformed its regional bourses in the year to date as locals sought to cover in equities from a currency crisis, with both the industrial and mining index advancing 100,54 percent and 179,13 percent… Read More

Chrome miners cry foul over poor prices

HARARE, July 19 (The Source) – Small-scale miners have raised concerns over poor chrome prices offered by state-owned, entities Minerals Marketing Corporation of Zimbabwe (MMCZ) and Applebridge, which they say are not in line with international market prices.